NLMK Services: Financing

We are pleased to continue sharing the benefits of our Opportunity Builder services.

“Financing”* is a comprehensive service for managing risks and cash flows. It helps reduce your company’s operational burden and protects the interests of all parties — buyers and suppliers.

Types of financing. Our customers can receive supplies of rolled steel with deferred payment on the following terms:

Credit provided by NLMK:
  • Individual Credit Limit (ICL) — shipment with deferred payment without collateral. The limit and term are determined individually by NLMK or an insurance partner based on the customer’s financial standing,
• NLMK Commercial Credit — supply of metal under an agreement that sets the cost of using the financing instrument. In the event of late payment, the interest accrued on the commercial credit is not reflected as a penalty in the customer’s financial statements.

Upon provision by the customer of a bank/insurance security:
  • Shipment against a bank guarantee/letter of credit, insurance guarantee or factoring, in case of overdues owed to NLMK, repayment is made by the bank/insurance company. Security terms and conditions shall be agreed between the customer, its bank/insurance company and NLMK.

Advantages:
• Flexible terms — ability to offer deferred payment,
• Predictability — upfront knowledge of available amounts and terms,
• Security — separation of commercial decisions and financial risks.

* The service description does not constitute a public offer, individual conditions apply. Please check with your account manager for financing terms.

NLMK’s "Opportunity Builder" includes several groups of services: core, digital, logistics and quality. We seek to remain a reliable partner for you and are always happy to consider new opportunities for cooperation!

Kind regards,
NLMK team